News Release
May 09, 2001

DUKE ENERGY ANNOUNCES ACADEMIC SCHOLARSHIPS FOR 2001

CHARLOTTE, N.C. – Twenty high school graduating seniors, who are children of Duke Energy employees, have been selected to receive academic scholarships.

"For more than 38 years, our scholarship program has been one way the company demonstrates its corporate citizenship. These students and all applicants for this scholarship show us there are smart and energetic people preparing to take their place in business and our communities," said Rick Priory, chairman, president and chief executive officer of Duke Energy.

"We can all take pride in the accomplishments of these young people who are a part of the Duke Energy family," he added.

Duke Energy's community relations department received more than 300 requests for applications for this year’s competition. Applicants must be children of eligible Duke Energy employees, retirees or deceased employees of the company and its subsidiaries.

The scholarships are merit-based with judges balancing academics, each student’s personal essay, references, community service and demonstrated financial need. Fifteen recipients will receive up to $5,000 per year for up to four consecutive years of undergraduate study at an accredited, two-year technical school or community college and/or four-year college or university in the United States. Five students are alternates, receiving one-time $1,000 awards to a college of their choice.

An independent committee of judges selects recipients annually. The judges expressed their gratitude for the opportunity to evaluate such an outstanding group of young people, commenting that had there been many times the number of scholarships, they still could not have recognized all the excellent applicants.

Selected as 2001 Duke Energy scholars are:

Kyle M. Allison, son of Michael B. Allison, a planning and process manager in Duke Power's electric division -- fleet services, Charlotte, N.C.

Hassen T. Al-Shawaf, son of Taha D. Al-Shawaf, a Duke Engineering & Services (DE&S) nuclear division technical consultant in Naperville, Ill.

Leslie C. Cauble, daughter of Robyn W. Cauble, a Duke Power officer team secretary in rates and regulatory affairs, Charlotte, N.C.

Nathan E. Falco, son of Edward H. Falco, a Duke Power community relations specialist at Oconee Nuclear Station, Seneca, S.C.

Elizabeth B. Haney, daughter of Don A. Haney, a Duke Energy Gas Transmission (DEGT) division environmentalist in Houston, Texas.

Thomas B. Henry, son of Thomas P. Henry, a DE&S senior engineer in the federal group nuclear analysis, Charlotte, N.C.

Genesee E. Herzberg-Hoffman, daughter of Wayne J. Hoffman, a Duke Energy global assets environmental licensing manager in Oakland, Calif.

Caitlin S. Marshall, daughter of Richard A. Marshall, a DEGT senior lead network analyst in Boston, Mass.

Mark R. McDowell, son of Barbara M. Thomas, a nuclear operations engineer at McGuire Nuclear Station, Huntersville, N.C., and Stan R. McDowell, an engineering manager for steam generator replacement in the nuclear division of DE&S.

Ryan N. Nguyen, son of Tan T. Nguyen, a senior computer graphics artist in Houston, Texas.

Nathan R. Price, son of Kenneth R. Price, a fossil chemistry technician III at Dan River Steam Station in Eden, N.C.

Cheryl M. Reid, daughter of Donald P. Reid, assistant division land manager for Crescent Resources in Charlotte, N.C.

Marie L. Rostron, daughter of William C. Rostron, a senior technical specialist at Oconee Nuclear Station, Seneca, S.C.

Kevin D. Wellbaum, son of Daniel A. Wellbaum, a nuclear engineer at Catawba Nuclear Station, York, S.C.

Travis V. Wright, son of Jerry F. Wright, a Duke Energy electric transmission supervisor in Franklin, N.C.

2001 Duke Energy Scholars Program alternates are:

Matthew D. Mitchell, son of David F. Mitchell, a director in Duke Energy business services, Charlotte, N.C.

Lindsay M. Newman, daughter of Linda J. Newman, a Duke Power trade account manager in Spartanburg, S.C.

Philip A. Norfolk, son of Jerald D. Norfolk, a retired Panhandle Eastern Pipe Line senior gas controller in Kansas City and Houston.

Alisha N. White, daughter of Keith M. White, a Duke Power line technician in Lenoir, N.C.

Alan R. Williford, son of Dennis C. Williford, a DE&S senior engineer in Charlotte, N.C.

A new panel of independent judges reviews the applications for Duke Energy scholarships each year. The 2001 scholarship judges were:

Duke Energy, a diversified multinational energy company, creates value for customers and shareholders through an integrated network of energy assets and expertise. Duke Energy manages a dynamic portfolio of natural gas and electric supply, delivery and trading businesses -- generating revenues of more than $49 billion in 2000. Duke Energy, headquartered in Charlotte, N.C., is a Fortune 100 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available on the Internet at: www.duke-energy.com.

Contact: Jennifer Hillings Epstein
Phone: 704/382-1221
24 Hour Phone: 704/382-8333
Email: jhepstein@duke-energy.com